Global Shapers Hosts African Free Trade Dialogue

Global Shapers Zimbabwe together with the Konrad-Adenauer-Stiftung / Konrad Adenauer Foundation will next week, 23 May,  host a dialogue on the African Continental Free Trade Area (AfCFTA) with the aim of looking at what steps could the nation take to optimise the potential benefits and minimise the potential costs of its membership to the agreement.

President Emmerson Mnangagwa signed the agreement brokered by the African Union (AU) in March last year and 44 of its 55 member states also signed it.

The agreement will come into force once 22 member states have ratified it. To date, 15 states have ratified while four others have received parliamentary approval for ratification.

The AfCFTA Agreement is a treaty aimed at creating a single market for goods, services and movement of business persons in order to enhance the economic integration of the African continent and in accordance with the Pan-African Vision of an integrated, prosperous and peaceful Africa enshrined in Agenda 2063

The AfCFTA Agreement is the biggest free trade agreement since the establishment of the World Trade Organisation.